• Latest
  • Trending
Ghana's economy is bleeding - Ato Forson laments

Minority raises red flags over GH¢5bn tax exemptions for 45 firms

November 27, 2023
2025–26 Champions League Draw: Ranking Every Club’s Schedule

2025–26 Champions League Draw: Ranking Every Club’s Schedule

August 29, 2025
2025 AFCON Q: Fit Thomas Partey excluded from Black Stars as Otto Addo names full squad for Niger and Angola clashes

2026 FIFA WCQ: Thomas Partey will be available for games against Chad and Mali-GFA

August 29, 2025
GPHA announces temporary road closure at Tema Port

GPHA announces temporary road closure at Tema Port

August 29, 2025
“Police Can Handle Akwatia By-Election, No Need for Military” – Nana B

“Police can handle Akwatia by-election, no need for military” – Nana B

August 29, 2025
Eight convicted for violence during Ablekuma North By-election

Eight convicted for violence during Ablekuma North By-election

August 29, 2025
Health Minister assures affected nurses of payment after salary delays

Health Minister assures affected nurses of payment after salary delays

August 29, 2025
South Africa to host first African G20 meeting

South Africa to host first African G20 meeting

August 29, 2025
Presidency reports Over GHS 3.5 million raised for Children of Helicopter crash victims

Presidency reports over GHS 3.5 million raised for children of helicopter crash victims

August 29, 2025
GES dismisses reports of cut-off point for school placement

GES dismisses reports of cut-off point for school placement

August 29, 2025
Akwatia by-election: Global InfoAnalytics projects Bernard Bediako to Win

Akwatia by-election: Global InfoAnalytics projects Bernard Bediako to win

August 29, 2025
Telecel Ghana Champions Purposeful Partnerships at 2025 Supplier Conference

Telecel Ghana champions purposeful partnerships at 2025 Supplier Conference

August 29, 2025
SOURCE/GETTY IMAGES

Ghana’s Ibrahim Sadiq scores twice as AZ Alkmaar qualifies to Conference League group stage

August 29, 2025
Happy Ghana
Advertisement
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Minority raises red flags over GH¢5bn tax exemptions for 45 firms

in News, Top Story
Ghana's economy is bleeding - Ato Forson laments

Ghana's economy is bleeding - Ato Forson laments

Share on FacebookShare on TwitterShare on Whatsapp

The Minority Caucus in Parliament says the government’s “requests for tax exemptions running into several billions of Cedis are unconscionable, inordinate, and bear all the trappings of organized crime.”

According to the Minority, about 45 companies have been presented to Parliament as one district-one-factory companies, GIPC strategic investors, among others, to be exempted from the payment of taxes.

In a statement issued on Monday, November 27, 2023, the Minority said the government was asking Parliament to grant tax exemptions to the tune of USD 449,446,247.95 for these 45 companies, which is equivalent to over half of GH¢5.5 billion.

The Minority stressed that this was an issue that significantly impacted the country’s economy and felt obligated to let “the Ghanaian taxpayer who is being burdened with all manner of taxes know this truth.”

It further disclosed that a total of 118 companies were being processed at the Ministry of Trade & Industry, Ministry of Finance, and the Ghana Investment Promotion Centre to be brought to Parliament for tax exemptions.

“The total value of exemptions for these 118 companies is about seven billion Ghana cedis,” it added.

The 45 companies indicated by the minority are listed below;


Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

High Court quashes OSP report implicating Col Damoah in La Bianca case

Next Post

Al Ahly, Mamelodi Sundowns set sights on Medeama SC striker Jonathan Sowah

Next Post
Al Ahly, Mamelodi Sundowns set sights on Medeama SC striker Jonathan Sowah

Al Ahly, Mamelodi Sundowns set sights on Medeama SC striker Jonathan Sowah

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

Happy Ghana

Recent News

  • 2025–26 Champions League Draw: Ranking Every Club’s Schedule
  • 2026 FIFA WCQ: Thomas Partey will be available for games against Chad and Mali-GFA
  • GPHA announces temporary road closure at Tema Port
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.